La-Z-Boy Incorporated (LZB) Soars 1.62% on February 03

Equities Staff  |

La-Z-Boy Incorporated (LZB) had a good day on the market for Wednesday February 03 as shares jumped 1.62% to close at $38.33. About 313,421 shares traded hands on 5,542 trades for the day, compared with an average daily volume of n/a shares out of a total float of 46.14 million. After opening the trading day at $38.01, shares of La-Z-Boy Incorporated stayed within a range of $38.74 to $37.57.

With today's gains, La-Z-Boy Incorporated now has a market cap of $1.77 billion. Shares of La-Z-Boy Incorporated have been trading within a range of $46.35 and $15.61 over the last year, and it had a 50-day SMA of $n/a and a 200-day SMA of $n/a.

La-Z-Boy Inc is a U.S.-based company that manufactures, distributes, and retails upholstery furniture products. It is a producer of reclining chairs and distributors of residential furniture in the U.S. The company chiefly operates in the United States but also has secondary operations in Canada and other countries. The company's segments include upholstery, which manufactures and imports upholstered furniture; case goods, which imports and distributes wooden furniture; and retail, which sells upholstered and case goods furniture to the end consumer. The majority of the company's revenue is derived from its upholstery furniture segment. Some of the core brands of the firm include England, Kincaid, American Drew, and Hammary.

La-Z-Boy Incorporated is based out of Monroe, MI and has some 9,500 employees. Its CEO is Kurt L. Darrow.

For a complete fundamental analysis of La-Z-Boy Incorporated, check out Equities.com’s Stock Valuation Analysis report for LZB.

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La-Z-Boy Incorporated is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It's maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.

Russell's indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by committee, because they base membership entirely on an objective, rules based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It's a simple approach that gives a broad, unbiased look at the small-cap market as a whole.

To get more information on La-Z-Boy Incorporated and to follow the company’s latest updates, you can visit the company’s profile page here: LZB’s Profile. For more news on the financial markets and emerging growth companies, be sure to visit Equities.com’s Newsdesk. Also, don’t forget to sign-up for our daily email newsletter to ensure you don’t miss out on any of our best stories.

All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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